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14 West Superior Street

Whitney Wang & Nancy Tassone Facilitate $3.4M Condo Sale On West Superior Street, Chicago
SOLDCondo

Whitney Wang & Nancy Tassone Facilitate $3.4M Condo Sale On West Superior Street, Chicago

14 West Superior Street

$3,400,000

$1,056/SF

Building Size

3,218 SF

Asset Type

Condo

Closing

Apr 30, 2024

AI

The condo located at 14 West Superior Street in Chicago was sold by JDL Development to an undisclosed buyer for $3,400,000. The property spans 3,218 square feet, resulting in a price per square foot of $1,057.

Summary of transaction details:

Whitney Wang of Prospect Equities Real Estate represented the buyer in this transaction, while Nancy Tassone of Sotheby's International Realty represented the seller, JDL Development, in the sale of the condo at 14 West Superior Street.

Players

Nancy Tassone

Sotheby's International Realty

Broker

$95.8M

vol

12 deals

Broker

Chicago Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93